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jm financial

Inventurus Knowledge Solutions IPO opens today. Check key dates, GMP, price band, subscription and review

by Tudur Aled
Inventurus Knowledge Solutions IPO opens today. Check key dates, GMP, price band, subscription and review

Inventurus Knowledge Solutions, which offers critical support services to healthcare companies will launch its Rs 2,498 crore IPO today. The issue, which is entirely an OFS of 1.87 crore shares, …

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Torrent Power: Torrent Power raises Rs 3,500 crore in maiden QIP

by Tudur Aled
Torrent Power: Torrent Power raises Rs 3,500 crore in maiden QIP

Mumbai: Torrent Power, one of the largest private utility companies in the country, has raised ₹3,500 crore through qualified institutional placement (QIP), the company said on Monday. This is the …

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Torrent Power’s Rs 3,500 cr QIP over subscribed 4 times

by Tudur Aled
Torrent Power’s Rs 3,500 cr QIP over subscribed 4 times

Torrent Power on Monday said its Rs 3,500 crore qualified institutional placement (QIP) issue was oversubscribed four times. The issue received bids of about Rs 14,000 crore against the base …

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Star Agriwarehousing files IPO papers with Sebi; aims to raise Rs 450 cr via fresh issue

by Tudur Aled
Star Agriwarehousing files IPO papers with Sebi; aims to raise Rs 450 cr via fresh issue

Star Agriwarehousing and Collateral Management Ltd, a tech-driven agricultural services firm, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The …

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Tech view: Nifty short-term trend remains bullish, strong resistance at 24,350. How to trade tomorrow

by Tudur Aled
Tech view: Nifty short-term trend remains bullish, strong resistance at 24,350. How to trade tomorrow

Nifty opened with a gap up, but the index then saw profit booking and settled the day on a negative note at 24,195, while Nifty Smallcap 100 outperformed Nifty, closing …

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Tech view: Nifty rebounds above 23,500 level, 200 DEMA; pullback rally eyes 24k resistance. How to trade on Monday

by Tudur Aled
Tech view: Nifty rebounds above 23,500 level, 200 DEMA; pullback rally eyes 24k resistance. How to trade on Monday

The Nifty gained 375 points over the week to close at 23,907. A smart comeback by the bulls in the second half of this week helped the market recover almost …

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Macquarie raises Zomato target prices but remains bearish

by Tudur Aled
Macquarie raises Zomato target prices but remains bearish

Highlighting that ‘hyper growth meets hyper competition’, global brokerage firm Macquarie has raised its target price for Zomato to Rs 130 from an earlier Rs 100 while maintaining a bearish …

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Acme Solar Holdings to list on exchanges today. What to expect?

by Tudur Aled
Acme Solar Holdings to list on exchanges today. What to expect?

The shares of Acme Solar Holdings will debut at the bourses today. Ahead of the listing, the company’s shares were trading with a discounted GMP of Rs 4 in the …

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Tech View: Nifty’s short-term trend remains weak, key support at 23,500. How to trade tomorrow

by Tudur Aled
Tech View: Nifty’s short-term trend remains weak, key support at 23,500. How to trade tomorrow

A long negative candle was formed on the Nifty daily chart on Tuesday, placed near the recent swing low of 4th November around 23,816 levels. Technically, this pattern indicates a …

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Zinka Logistics IPO: GMP at 8% ahead of issue opening on Wednesday

by Tudur Aled
Zinka Logistics IPO: GMP at 8% ahead of issue opening on Wednesday

The grey market premium (GMP) of Zinka Logistics stands at 8% or Rs 28, a day ahead of its initial public offering (IPO) on Wednesday, November 13. The issue will …

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